Philippine Stocks Edge Higher as Inflation Cools to Five-Month Low
The benchmark PSEi gained for a second straight session after August price growth slowed to 6.1 percent, while the peso hit another record low against the dollar.
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The benchmark PSEi gained for a second straight session after August price growth slowed to 6.1 percent, while the peso hit another record low against the dollar.

The PSEi dropped to 5,956 points in its fourth straight session of losses, while the peso hit a record low of 62.265 against the dollar.

Domestic bullion climbed to its highest level since late July, tracking international markets through key technical thresholds amid dollar weakness.

The second consecutive monthly decline reflects won appreciation and easing crude costs, though annual figures still show inflationary pressure

Bargain hunting in semiconductor names lifted the KOSPI 0.65 percent Monday, though early gains faded as the session wore on.

Individual traders poured $4.6 billion into U.S. equities in July as the KOSPI posted its worst monthly drop since 2008, threatening the won and undermining government efforts to retain domestic capital

Domestic bullion trades in opposite direction to international markets as buyers find support near $4,000 threshold

MAS steepens policy band slope in unexpected move, with economists forecasting further tightening as soon as October amid firmer growth and inflation risks

The benchmark index slipped 0.03 percent as traders weighed fresh US tariffs, oil prices above $100 per barrel, and the peso's decline to 61.847 per dollar.

Foreign investors pulled out P655 million as geopolitical tensions and domestic wage pressures weigh on market sentiment

Metro Manila's 12% minimum wage increase and peso depreciation create a challenging environment for the central bank's inflation targeting

Currency hits one-month low as Iran shuts critical shipping route, pushing oil prices up 3% and widening India's trade deficit to $30.4 billion in June

TCS, Infosys and HCL lead late-morning rebound as Nifty 50 erases opening losses triggered by Iran tensions and oil price jump